Magnolia Educational and Research Foundation
Also known as Magnolia Public Schools
Magnolia Educational and Research Foundation reported $86.4 million in revenue and $84.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $64.71 went to program services, $35.29 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.9% of the total. Government grants made up 92.3%. The highest compensation it reported for one person was $287,563 (CEO). 81 people received more than $100,000 in reportable compensation. Revenue rose 68% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $84MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $86MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 64.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 35.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 92.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $287,563 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.34% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 81 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.2 | 13.3 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseMagnolia Educational and Research foundation (merf) operates ten magnolia science academies (msa) serving 3,794 students in grades kindergarten through twelve throughout california. The organization is dedicated to inspiring students to choose career paths in science, technology, engineering, and math (STEM), while providing a robust, standards-based education program within a supportive culture of excellence. To ensure students have the tools to succeed, the organization offer the following programs, which are mostlyfree of charge:-academic programs-student support programs-after school…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 40.00 hrs/week | $267,271 | $0 | $20,292 | $287,563 |
| DEPUTY SUPERINTENDENT Key employee, 40.00 hrs/week | $215,350 | $0 | $20,292 | $235,642 |
| CHIEF OPERATING OFFICER Highest compensated employee, 40.00 hrs/week | $200,653 | $0 | $20,292 | $220,945 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $205,166 | $0 | $13,528 | $218,694 |
| CHIEF FACILITY OFFICER Highest compensated employee, 40.00 hrs/week | $197,612 | $0 | $20,292 | $217,904 |
| CHIEF ACCOUNTABILITY OFFICER Highest compensated employee, 40.00 hrs/week | $194,024 | $0 | $20,292 | $214,316 |
| CHIEF PEOPLE OFFICER Highest compensated employee, 40.00 hrs/week | $181,791 | $0 | $28,354 | $210,145 |
| CHIEF ACADEMIC OFFICER Key employee, 40.00 hrs/week | $187,492 | $0 | $11,082 | $198,574 |
81 people received more than $100,000 in reportable compensation from Magnolia Educational and Research Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $940K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5615
- Volunteers Part I, line 66
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| RIDERS EXPRESS Student transportation | $486,228 |
| NEXTGEN LLC Substitute services | $220,467 |
| MGT IMPACT SOLUTIONS Consultant services | $220,000 |
| LOCAL ROOF Roof repair | $171,000 |
| ATTUNED PARTNERS Consultant services | $148,000 |
Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Magnolia Educational and Research Foundation totaling $1,391 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Magnolia Educational and Research Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Magnolia Educational and Research Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Magnolia Educational and Research Foundation spent in FY2025, $64.71 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- University of Saint Francis of Fort Wayne IndianaFort Wayne, IN · revenue $86M · programs 84.0% · FY2025
- Avid CenterSan Diego, CA · revenue $86M · programs 87.9% · 2024
- Transylvania UniversityLexington, KY · revenue $86M · programs 88.5% · FY2025
- New York Law SchoolNew York, NY · revenue $87M · programs 87.3% · FY2025
- Trinity CollegeWashington, DC · revenue $86M · programs 77.2% · FY2025
Questions people ask
How much of Magnolia Educational and Research Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, Magnolia Educational and Research Foundation reported that 64.7% of its $84.4 million in expenses went to program services, 35.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Magnolia Educational and Research Foundation pay its top executive?
The largest total compensation Magnolia Educational and Research Foundation reported for one person in the fiscal year ending June 30, 2025 was $287,563, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Magnolia Educational and Research Foundation get its money?
Of $86.4 million in revenue in the fiscal year ending June 30, 2025, 99.9% came from contributions and grants (including 92.3% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Magnolia Educational and Research Foundation a registered charity?
The IRS lists EIN 95-4649884 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601339349307600 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202520159349301032 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202430739349301533 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330239349300038 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241159349301019 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131329349302508 · read the filing
All filings for EIN 95-4649884: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.